Increase in Authorized Capital
Increase Company Authorized Capital: Expert Assistance for Seamless Growth
Looking for assistance to fulfill legal formalities to increase authorized capital? My Biz Development experts will help in completing all the formalities for seamless increase in your authorized capital. We will set up all your documents and compliances at very reasonable fees. Our packages include alteration of AOA, MOA, drafting of resolutions, & filing of forms with ROC.
- Expert guidance
- Completely online procedure
- Ease drafting and filing of documents
- Ensure compliance with the company laws and the best industry practices
If your company is on the path to growth and expansion, one of the most crucial steps is to Increase Company Authorized Capital. If you need help with drafting and submission of documents for increasing authorized capital, you can count upon our expertise to get it done without any hassle. Give us a call today.
Why Increase Company Authorized Capital?
There are various reasons for which a company may need to Increase Company Authorized Capital.
- Funding new business activities
- Facilitating mergers or aquisitions
- Conversion of debt into equity capital
- Issuing additional shares
• Meeting regulatory requirements
Authorized Share Capital Increase: Navigate the Process with the help of our experts
At My Biz Development, our team of experts will guide you to easily navigate the procedure to increase authorized share capital with minimal disruption to your operations. Our experts will simplify the whole process sp you can focus on other aspects of your business. Our experts will assist you with drafting and filing all the required documents and ensure to comply with all steps and procedures for seamless increase in authorized capital.
Documents Required for Authorized Share Capital Increase
To Increase Company Authorized Capital, you need to prepare and submit following documents to the Registrar of Companies. Our team will provide you complete assistance in collecting all the necessary paperwork, which may include:
- Board Resolution – A resolution passed by the Board of Directors approving the increase.
- Shareholder Resolution – A special resolution passed at a shareholder meeting for approval.
- Amendment in the Memorandum of Association (MOA) – An updated MOA reflecting the new authorized capital.
- Form MGT-14 – Filed with the RoC to inform them about the changes.
- Other necessary forms and documents – Depending on your specific case, we will ensure all required filings are made correctly.
Procedure to Increase Authorized Share Capital: Step-by-Step
The procedure to increase authorized share capital involves several key steps, which must be completed in the correct order. Our process ensures that your company stays compliant with all legal requirements, allowing for a smooth transition to increased capital.
- Board Meeting: The first step is to convene a meeting of the Board of Directors to propose the increase in authorized capital.
- Shareholder Approval: Once the Board approves the increase, the proposal needs to be approved by shareholders in a general meeting.
- Amendment of MOA: After the resolution is passed, the company’s Memorandum of Association (MOA) will need to be updated to reflect the increased share capital.
- File with RoC: The amended MOA and other required documents must be filed with the Registrar of Companies (RoC) within the prescribed time frame.
- Payment of E-Stamp Duty: E-stamp duty must be paid to formalize the increase in authorized share capital. Our experts will help ensure timely and correct payment.
Payment of E-Stamp Duty
One of the final steps in increasing your company’s authorized share capital is the payment of e-stamp duty. This is a mandatory requirement when amending the Memorandum of Association (MOA) to reflect the new authorized capital. Our team will assist you in calculating and making the e-stamp duty payment as part of the entire process, ensuring that all financial obligations are met.
Why Choose Us?
Our expert team offers comprehensive support to Increase Company Authorized Capital, making the process straightforward and hassle-free. With years of experience in handling corporate compliance and legal matters, we understand the intricacies of authorised share capital increase and provide end-to-end assistance for businesses of all sizes.
Get Started Today
If you are ready to Increase Company Authorized Capital, contact us today for a consultation. Our professionals will walk you through the entire process, from document preparation to filing and e-stamp duty payment. Allow us to help you unlock your company’s growth potential efficiently and in full compliance with the law.